BITCOIN BREAKTHROUGH AT JPMORGAN ❗🚀
Big news from Wall Street’s biggest bank!
JPMorgan CEO Jamie Dimon just confirmed: Clients will soon be able to buy Bitcoin (BTC) directly through the bank — but with a twist.
⏰ Timing matters:
The announcement came May 19 at JPMorgan’s annual investor day — just months after spot Bitcoin ETFs took off in the US, hitting $42B in inflows since January 2024.
🔍 “We’re going to allow you to buy it,” Dimon said.
But — “We’re not going to custody it.”
That means: JPMorgan clients can buy Bitcoin-backed ETFs, but the bank won’t hold your BTC directly. It will simply reflect the investments in client statements.
📉 From critic to cautious supporter
Dimon has called Bitcoin “worthless” and even a “pet rock” — but now defends clients’ rights to buy it.
“I don’t think you should smoke, but I defend your right to smoke… I defend your right to buy Bitcoin.”
🏦 JPMorgan follows Morgan Stanley
JPMorgan now joins rivals like Morgan Stanley, which already offers spot Bitcoin ETFs to qualified clients. The shift shows growing institutional acceptance of Bitcoin — even among former skeptics.
⚠️ Reminder: Stay safe in crypto
As excitement builds, so do scams.
Beware of fake ETF links, investment offers, or airdrops.
Always verify from official bank or ETF provider websites.
📊 Bitcoin’s growing footprint
From being labeled a scam to now being offered by global banks, Bitcoin is reshaping finance — one ETF at a time.
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Disclaimer: This post is for informational purposes only. Always do your own research before investing.
